ANSA news

European Sentiment Indicator drops in EU-18 in August (-1.5)

Thu, 28/08/2014 - 17:26

(ANSA) - BRUSSELS - The European Sentiment Indicator (ESI), an
index measuring the trust of businesses and consumers, marked a
fall back to levels
December 2013 in Eurozone, EU Commission announced referring to
data relative to August. Amongst the major countries of the
Eurozone, the strongest contraction was recorded in Italy
(-4.1), the Commission reported.
In Germany, ESI declined by 1.9, France by 0.6, in Netherlands
by 0.8, while in Spain the index remained essentially unchanged.
The overall fall of ESI in Eurozone was of -1.5 points, reaching
100.6 in August.
The descent of trust was less accented in EU28 countries (-1.2
rearching 104.6), thanks to contained reductions recorded by two
major economies. The decline in Great Britain was of 1.1 points,
while in Poland it was one point.
At the sectoral level, a greater contraction in the Eurozone
been marked in retail (-2.3) followed by the consumers (-1.6)
and industry (-1.5). (ANSA).

In brief

Founded in 1989, the CEI is a regional intergovernmental forum committed to supporting European integration through cooperation among its Member States.
It combines multilateral diplomacy and project management, both as donor and recipient, while bridging European macro-regions.